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Average Computer Hardware Engineers Salary in Indianapolis-Carmel-Greenwood, IN

The average salary for Computer Hardware Engineerss in Indianapolis-Carmel-Greenwood, IN is $103,900. While this is lower than the national average, the cost of living in Indianapolis-Carmel-Greenwood, IN may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $103,900 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $147,400.
  • Outlook: The current demand for Computer Hardware Engineerss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Indianapolis-Carmel-Greenwood, IN economy.
2024 Market Data

Salary Overview

$103,900

The average Computer Hardware Engineers in Indianapolis-Carmel-Greenwood, IN earns-34.4%below the national average.

BreakdownBased on 40h/week
Hourly

$50

Weekly

$1,998

Monthly

$8,658

Computer Hardware Engineers Salary Distribution in Indianapolis-Carmel-Greenwood, IN

The earning potential for Computer Hardware Engineerss in Indianapolis-Carmel-Greenwood, IN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $70,560, while highly experienced professionals can command wages upwards of $147,400.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$70,560$33.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,925$37.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$99,990$48.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,875$62.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$147,400$70.9

Detailed Computer Hardware Engineers Market Analysis

Relocation Context

Nominal Salary

$103,900

Gross Pay

Real Wage (Purchasing Power)

$103,900

Adjusted for COL (100)

In Indianapolis-Carmel-Greenwood, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $103,900 to $103,900.

Job Market Context

70

Total Jobs

0.061

Per 1K Jobs

0.12

Location Quotient

Low Concentration

At 0.12x, Indianapolis-Carmel-Greenwood, IN has a notably lower concentration of Computer Hardware Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

70 people work as Computer Hardware Engineers in Indianapolis-Carmel-Greenwood, IN.

Only 0.061 out of every 1,000 local jobs are Computer Hardware Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Computer Hardware Engineers

Comparing salaries near Indianapolis-Carmel-Greenwood, IN

Hiring Computer Hardware Engineerss?

Frequently Asked Questions

How much does a Computer Hardware Engineers make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Computer Hardware Engineers in Indianapolis-Carmel-Greenwood, IN is $103,900. This typically ranges from $70,560 for entry-level positions to $147,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 34.4% lower than the national median of $158,430.

Is Indianapolis-Carmel-Greenwood, IN a good place for Computer Hardware Engineerss?

It depends on your priorities. While the average Computer Hardware Engineers salary in Indianapolis-Carmel-Greenwood, IN is $103,900 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Indianapolis-Carmel-Greenwood, IN. See distinct detailed breakdown below.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Computer Hardware Engineers?

The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?

Some top paying nearby cities include Southern Indiana nonmetropolitan area ($97,400) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.061 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.